Minnesota has been named one of the best states to grow old in

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Settle down, Minnesota has been named the fifth best state to grow old in by 24/7 Wall St.

That's pretty good news considering the Minnesota State Demographics Center predicts the number of adults 65 and over will double between 2010 and 2030.

By then, 1 in 5 Minnesotans will be at least 65, the center says. That's double what is was in 1970, according to Kare 11. 

The financial news and opinion company ranked the states based on income, health, labor and overall environment.

They took life expectancy, violent crime statistics and the number of people living with disabilities in each location into consideration as well.

According to the article, of the Minnesota residents who are 65 years or older, less than one in three are considered disabled. That's below the national average which is 36 percent.

Check out 24/7 Wall St.'s best states to grow old in below.

1. Hawaii

Percentage of population 65 and up: 16.1 percent (8th highest)

65 and over poverty rate: 8.2 percent (20th lowest)

Life expectancy at birth: 80.6 percent (the highest)

2. Wyoming

Percentage of population 65 and up: 13.8 percent (10th lowest)

65 and over poverty rate: 6.2 percent (3rd lowest)

Life expectancy at birth: 78.0 years (19th lowest)

3. New Hampshire

Percentage of population 65 and up: 15.8 percent (11th highest)

65 and over poverty rate: 5.1 percent (2nd lowest)

Life expectancy at birth: 79.9 years (7th highest)

4. Colorado

Percentage of population 65 and up: 12.7 percent (5th lowest)

65 and over poverty rate: 7.1 percent (7th lowest)

Life expectancy at birth: 79.6 years (10th highest)

5. Minnesota

Percentage of population 65 and up: 14.3 percent (17th lowest)

65 and over poverty rate: 7.5 percent (12th lowest)

Life expectancy at birth: 80.4 years (3rd highest)

And here are the worst states to grow old in according to the news source.

1. Mississippi

Percentage of population 65 and up: 14.3 percent (17th lowest)

65 and over poverty rate: 13.2 percent (the highest)

Life expectancy at birth: 74.5 years (the lowest)

2. Nevada

Percentage of population 65 and up: 14.1 percent (13th lowest)

65 and over poverty rate: 8.3 percent (22nd lowest)

Life expectancy at birth: 77.9 years (17th lowest)

3. Tennessee

Percentage of population 65 and up: 15.1 percent (24th highest)

65 and over poverty rate: 10.1 percent (13th highest)

Life expectancy at birth: 76.1 years (8th lowest)

4. Alabama

Percentage of population 65 and up: 15.4 percent (17th highest)

65 and over poverty rate: 11.2 percent (6th highest)

Life expectancy at birth: 75.2 years (2nd lowest)

5. West Virginia

Percentage of population 65 and up: 17.8 percent (3rd highest)

65 and over poverty rate: 9.3 percent (18th highest)

Life expectancy at birth: 75.4 years (3rd lowest)

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